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Landi Renzo SpA (FRA:ARQ0) Accounts Payable & Accrued Expense : €78.0 Mil (As of Sep. 2024)


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What is Landi Renzo SpA Accounts Payable & Accrued Expense?

Landi Renzo SpA's quarterly accounts payable & accrued expense increased from Mar. 2024 (€90.0 Mil) to Jun. 2024 (€98.6 Mil) but then declined from Jun. 2024 (€98.6 Mil) to Sep. 2024 (€78.0 Mil).

Landi Renzo SpA's annual accounts payable & accrued expense declined from Dec. 2021 (€125.5 Mil) to Dec. 2022 (€112.4 Mil) but then increased from Dec. 2022 (€112.4 Mil) to Dec. 2023 (€113.0 Mil).

Landi Renzo SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Landi Renzo SpA's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Landi Renzo SpA Accounts Payable & Accrued Expense Chart

Landi Renzo SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.63 60.62 125.49 112.45 112.97

Landi Renzo SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.68 112.97 90.01 98.62 78.00

Landi Renzo SpA Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Landi Renzo SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Landi Renzo SpA (FRA:ARQ0) » Definitions » Accounts Payable & Accrued Expense
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MIL:INDB MIL:CFL MIL:SGF TSE:6902 XPAR:ML TSE:5108 SHSE:600660 GPC MBLY XKRX:012330 TSE:5802 APTV XTER:CON NSE:MOTHERSON TSX:MG BOM:500530 XTER:KBX SHSE:601689 XTER:HLE LKQ
Traded in Other Exchanges
LNDR:Italy ARQ0:Germany
Address
Via Nobel 2/4, Corte Tegge, Cavriago, ITA, 42025
Website
https://www.landirenzogroup.com
Landi Renzo SpA is engaged in the automotive fuel supply systems sector. The company mainly designs, manufactures, and sells liquefied petroleum gas and compressed natural gas fuel supply systems for the automotive sector. In addition, it also manufactures compressors for fuel stations, and audio and alarm systems. The group sells its products to car manufacturers, independent retailers, and importers. It has two operating segments which include the Green Transportation segment, and the Clean Tech Solutions segment. The Green Transportation segment generates a majority of its revenue which is designed, manufactured, and sold through the OEM and After Market channels of mechanical and electronic systems and components for the use of automotive gas.

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